This is a request to payoff the lien on and to Floorplan the following vehicle(s) per the Auto Use Loan and Security Agree- ment. Edit, sign, and share payoff form online.No need to install software, just go to DocHub, and sign up instantly and for free. Motor vehicle financing can be obtained from a number of different sources. A lender's payoff statement or letter will show the amount you need to pay to completely close out the loan. Edit, sign, and share auto loan payoff authorization form online. Paid Loan Letter: A document that indicates the loan has been paid in full and includes the lien termination statement. Your account number is provided with the loan details in the welcome letter that you receive in the mail after your new loan is funded. When you take out an auto loan, your lender will be listed as a lienholder on the title. The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union.